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Why Lyft Shares Are Shifting Gears Today

Why Lyft Shares Are Shifting Gears Today

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Lyft Inc (NASDAQ: LYFT) is trading higher Tuesday in sympathy with Uber Technologies (NYSE: UBER) after the company announced it narrowed its third-quarter gross bookings guidance and said it expects to deliver sequential adjusted EBITDA improvement in the fourth quarter. Uber said it expects third-quarter gross bookings to be in a range of $22.8 billion and $23.2 billion.

...read full article on Benzinga

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